<?xml version="1.0"?>
<rss version="2.0"><channel><title>All Activity</title><link>https://dinarvets.com/forums/index.php?/discover/</link><description>Dinar Vets Message Board - All Activity</description><language>en</language><item><title>Disarmament dispute could threaten Iraq economy, MP warns - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343826-disarmament-dispute-could-threaten-iraq-economy-mp-warns-9032026/&do=findComment&comment=2543679]]></link><description>Now they have to decide what they will do with Harakat Al-Nujaba and Ali Al-Asadi, head of Al-Nujaba&#x2019;s political council.</description><pubDate>Fri, 04 Sep 2026 14:13:37 +0000</pubDate></item><item><title>Disarmament dispute could threaten Iraq economy, MP warns - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343826-disarmament-dispute-could-threaten-iraq-economy-mp-warns-9032026/&do=findComment&comment=2543678]]></link><description>However, Iraq has a problem with a major IRI faction..! 
 


	 
 


	 
 


	Al-Nujaba rejects disarmament, reaffirms boycott of Iraqi politics



	 
 


	PoliticsiraqAl-NujabaDisarmament



	



	
		
			 
		

		
			2026-09-04 / 04:49
		
	



	
		Shafaq News- Baghdad
	 

	
		 
	 

	
		Iraq&#x2019;s Harakat Al-Nujaba on Friday reaffirmed its refusal to give up what it calls &#x201C;resistance weapons&#x201D; and said it would remain outside the country&#x2019;s formal political process, as Baghdad presses armed factions to bring weapons under state control.
	 

	
		 
	 

	
		Ali Al-Asadi, head of Al-Nujaba&#x2019;s political council, said he had concluded meetings with senior leaders of the ruling Shiite Coordination Framework and told them the movement remained committed to preserving the Popular Mobilization Forces (PMF) as a national institution.
	 

	
		 
	 

	
		He also defended the &#x201C;sanctity&#x201D; of &#x201C;resistance weapons,&#x201D; saying Al-Nujaba&#x2019;s position had not changed amid &#x201C;serious regional threats.&#x201D;
	 

	
		 
	 

	
		
	 

	
		 
	 

	
		Al-Asadi separately reiterated the movement&#x2019;s longstanding refusal to participate in elections or hold government and parliamentary positions, arguing that remaining outside the political system allowed it to stay closer to public concerns.
	 

	
		 
	 

	
		Read more: Tension meets dialogue as Iraq approaches September 30
	 

	
		 
	 

	
		Al-Nujaba has no registered political wing or seats in Iraq&#x2019;s Council of Representatives, unlike several other Iran-aligned factions that participate in electoral politics. The group has maintained since its establishment that it will not formally participate in parliamentary politics.
	 

	
		 
	 

	
		The statement comes as Coordination Framework leaders hold talks with armed factions over bringing weapons under state authority ahead of Sept. 30, when the US-led Coalition&#x2019;s current military mission is scheduled to end. Al-Nujaba has repeatedly argued that government efforts to restrict arms should not apply to what it calls &#x201C;resistance weapons.&#x201D;
	 

	
		 
	 

	
		Al-Nujaba secretary-general Akram Al-Kaabi escalated that position on Wednesday, warning that the group would confront US forces if Washington failed to complete its planned military withdrawal.
	 

	
		 
	 

	
		Baghdad and Washington agreed in 2024 to wind down the Coalition mission in phases. Prime Minister Ali Al-Zaidi says Iraq should be free of foreign military forces from Oct. 1, while a senior US official previously told Shafaq News that the mission would be &#x201C;reduced, not ended,&#x201D; as the relationship shifts toward a longer-term bilateral security partnership.
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/Iraq/Al-Nujaba-rejects-disarmament-reaffirms-boycott-of-Iraqi-politics</description><pubDate>Fri, 04 Sep 2026 14:09:22 +0000</pubDate></item><item><title>Disarmament dispute could threaten Iraq economy, MP warns - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343826-disarmament-dispute-could-threaten-iraq-economy-mp-warns-9032026/&do=findComment&comment=2543677]]></link><description>Iraq factions near weapons deal ahead of Sept. 30



	Politicsiraqarmed factions



	



	
		
			 
		

		
			2026-09-03 / 08:11
		
	



	
		Shafaq News- Baghdad
	 

	
		 
	 

	
		Talks between Iraq&#x2019;s ruling Shiite Coordination Framework and armed factions are making progress toward bringing weapons under state control ahead of the Sept. 30 end of the US-led Coalition&#x2019;s military mission, a political official told Shafaq News on Thursday.
	 

	
		 
	 

	
		Khalid Walid, a member of the political bureau of the Reconstruction and Development Coalition led by former PM Mohammed Shia al-Sudani, said a three-member committee comprising al-Sudani, former prime minister Nouri al-Maliki, and Badr Organization leader Hadi al-Amiri had held a series of meetings with factions in recent days.
	 

	
		 
	 

	
		He said the committee supports Prime Minister Ali al-Zaidi&#x2019;s efforts to bring weapons under state authority and is working under a mandate from the Coordination Framework and the State Administration Coalition, an alliance of political forces representing Iraq&#x2019;s main communities.
	 

	
		 
	 

	
		Walid described the talks as positive and said Sept. 30 would mark an important stage in regulating weapons outside state institutions. After that date, he said, state institutions would move ahead with measures aimed at safeguarding Iraqi sovereignty, preventing attacks on neighboring countries from Iraqi territory and ensuring that decisions of war and peace remain under state authority.
	 

	
		 
	 

	
		Read more: Tension meets dialogue as Iraq approaches September 30
	 

	
		 
	 

	
		The committee believed dialogue could prevent escalation and ultimately resolve the issue without destabilizing Iraq, according to Walid. Al-Maliki and al-Amiri have favored describing the process as &#x201C;regulating&#x201D; or &#x201C;containing&#x201D; weapons rather than outright &#x201C;disarmament,&#x201D; terminology intended to ease resistance from armed factions. Shafaq News previously reported that Shiite leaders had proposed a &#x201C;weapons management&#x201D; formula under which the use of factional arms would fall under the authority of the commander-in-chief.
	 

	
		 
	 

	
		Several Iran-aligned groups, including Kataib Hezbollah, Harakat al-Nujaba and Kataib Sayyid al-Shuhada, have resisted surrendering their weapons and linked any such move to the withdrawal of foreign troops and security guarantees against external attacks.
	 

	
		 
	 

	
		Read more: Iraq's disarmament deadline pits Baghdad against Iran-aligned factions
	 

	
		 
	 

	
		The State Administration Coalition has said armed activity outside official institutions after Sept. 30 could face action under Iraq&#x2019;s Anti-Terrorism Law. However, National Security Adviser Qasim al-Araji later clarified that Sept. 30 marks the end of the Coalition mission and that efforts to bring weapons under state control would continue gradually afterward.
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/Iraq/Iraq-factions-near-weapons-deal-ahead-of-Sept-30</description><pubDate>Fri, 04 Sep 2026 14:07:39 +0000</pubDate></item><item><title>No announced return and no casual meeting... Why did the former Sadr deputies meet at this time? - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343798-no-announced-return-and-no-casual-meeting-why-did-the-former-sadr-deputies-meet-at-this-time-9032026/&do=findComment&comment=2543676]]></link><description>However, Iraq has a problem with a major IRI faction..! 
 


	 
 


	 
 


	
		Al-Nujaba rejects disarmament, reaffirms boycott of Iraqi politics
	

	
		 
	 

	
		PoliticsiraqAl-NujabaDisarmament
	



	



	
		
			 
		

		
			2026-09-04 / 04:49
		
	



	
		Shafaq News- Baghdad
	 

	
		 
	 

	
		Iraq&#x2019;s Harakat Al-Nujaba on Friday reaffirmed its refusal to give up what it calls &#x201C;resistance weapons&#x201D; and said it would remain outside the country&#x2019;s formal political process, as Baghdad presses armed factions to bring weapons under state control.
	 

	
		 
	 

	
		Ali Al-Asadi, head of Al-Nujaba&#x2019;s political council, said he had concluded meetings with senior leaders of the ruling Shiite Coordination Framework and told them the movement remained committed to preserving the Popular Mobilization Forces (PMF) as a national institution.
	 

	
		 
	 

	
		He also defended the &#x201C;sanctity&#x201D; of &#x201C;resistance weapons,&#x201D; saying Al-Nujaba&#x2019;s position had not changed amid &#x201C;serious regional threats.&#x201D;
	 

	
		 
	 

	
		
	 

	
		 
	 

	
		Al-Asadi separately reiterated the movement&#x2019;s longstanding refusal to participate in elections or hold government and parliamentary positions, arguing that remaining outside the political system allowed it to stay closer to public concerns.
	 

	
		 
	 

	
		Read more: Tension meets dialogue as Iraq approaches September 30
	 

	
		 
	 

	
		Al-Nujaba has no registered political wing or seats in Iraq&#x2019;s Council of Representatives, unlike several other Iran-aligned factions that participate in electoral politics. The group has maintained since its establishment that it will not formally participate in parliamentary politics.
	 

	
		 
	 

	
		The statement comes as Coordination Framework leaders hold talks with armed factions over bringing weapons under state authority ahead of Sept. 30, when the US-led Coalition&#x2019;s current military mission is scheduled to end. Al-Nujaba has repeatedly argued that government efforts to restrict arms should not apply to what it calls &#x201C;resistance weapons.&#x201D;
	 

	
		 
	 

	
		Al-Nujaba secretary-general Akram Al-Kaabi escalated that position on Wednesday, warning that the group would confront US forces if Washington failed to complete its planned military withdrawal.
	 

	
		 
	 

	
		Baghdad and Washington agreed in 2024 to wind down the Coalition mission in phases. Prime Minister Ali Al-Zaidi says Iraq should be free of foreign military forces from Oct. 1, while a senior US official previously told Shafaq News that the mission would be &#x201C;reduced, not ended,&#x201D; as the relationship shifts toward a longer-term bilateral security partnership.
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/Iraq/Al-Nujaba-rejects-disarmament-reaffirms-boycott-of-Iraqi-politics</description><pubDate>Fri, 04 Sep 2026 14:04:38 +0000</pubDate></item><item><title>No announced return and no casual meeting... Why did the former Sadr deputies meet at this time? - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343798-no-announced-return-and-no-casual-meeting-why-did-the-former-sadr-deputies-meet-at-this-time-9032026/&do=findComment&comment=2543675]]></link><description>Iraq factions near weapons deal ahead of Sept. 30
	

	
		Politicsiraqarmed factions
	



	



	
		
			 
		

		
			2026-09-03 / 08:11
		
	



	
		Shafaq News- Baghdad
	 

	
		 
	 

	
		Talks between Iraq&#x2019;s ruling Shiite Coordination Framework and armed factions are making progress toward bringing weapons under state control ahead of the Sept. 30 end of the US-led Coalition&#x2019;s military mission, a political official told Shafaq News on Thursday.
	 

	
		 
	 

	
		Khalid Walid, a member of the political bureau of the Reconstruction and Development Coalition led by former PM Mohammed Shia al-Sudani, said a three-member committee comprising al-Sudani, former prime minister Nouri al-Maliki, and Badr Organization leader Hadi al-Amiri had held a series of meetings with factions in recent days.
	 

	
		 
	 

	
		He said the committee supports Prime Minister Ali al-Zaidi&#x2019;s efforts to bring weapons under state authority and is working under a mandate from the Coordination Framework and the State Administration Coalition, an alliance of political forces representing Iraq&#x2019;s main communities.
	 

	
		 
	 

	
		Walid described the talks as positive and said Sept. 30 would mark an important stage in regulating weapons outside state institutions. After that date, he said, state institutions would move ahead with measures aimed at safeguarding Iraqi sovereignty, preventing attacks on neighboring countries from Iraqi territory and ensuring that decisions of war and peace remain under state authority.
	 

	
		 
	 

	
		Read more: Tension meets dialogue as Iraq approaches September 30
	 

	
		 
	 

	
		The committee believed dialogue could prevent escalation and ultimately resolve the issue without destabilizing Iraq, according to Walid. Al-Maliki and al-Amiri have favored describing the process as &#x201C;regulating&#x201D; or &#x201C;containing&#x201D; weapons rather than outright &#x201C;disarmament,&#x201D; terminology intended to ease resistance from armed factions. Shafaq News previously reported that Shiite leaders had proposed a &#x201C;weapons management&#x201D; formula under which the use of factional arms would fall under the authority of the commander-in-chief.
	 

	
		 
	 

	
		Several Iran-aligned groups, including Kataib Hezbollah, Harakat al-Nujaba and Kataib Sayyid al-Shuhada, have resisted surrendering their weapons and linked any such move to the withdrawal of foreign troops and security guarantees against external attacks.
	 

	
		 
	 

	
		Read more: Iraq's disarmament deadline pits Baghdad against Iran-aligned factions
	 

	
		 
	 

	
		The State Administration Coalition has said armed activity outside official institutions after Sept. 30 could face action under Iraq&#x2019;s Anti-Terrorism Law. However, National Security Adviser Qasim al-Araji later clarified that Sept. 30 marks the end of the Coalition mission and that efforts to bring weapons under state control would continue gradually afterward.
	 



	 
 


	 
 


	https://www.shafaq.com/en/Iraq/Iraq-factions-near-weapons-deal-ahead-of-Sept-30</description><pubDate>Fri, 04 Sep 2026 13:59:02 +0000</pubDate></item><item><title>Disarmament dispute could threaten Iraq economy, MP warns - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343826-disarmament-dispute-could-threaten-iraq-economy-mp-warns-9032026/&do=findComment&comment=2543674]]></link><description>A very wise caution that should be heeded..!</description><pubDate>Fri, 04 Sep 2026 13:53:49 +0000</pubDate></item><item><title>Disarmament dispute could threaten Iraq economy, MP warns - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343826-disarmament-dispute-could-threaten-iraq-economy-mp-warns-9032026/&do=findComment&comment=2543673]]></link><description>Disarmament dispute could threaten Iraq economy, MP warns
	

	
		 
	 

	
		PoliticsiraqbreakingDisarmament
	



	



	
		
			 
			2026-09-03 / 14:45
		
	



	
		Shafaq News- Baghdad
	 

	
		 
	 

	
		Failure to bring weapons under Iraqi state control could expose the country to greater international pressure, while any US sanctions would threaten salaries, debt payments, and the wider economy, parliamentary Finance Committee member Jamal Kocher said on Thursday.
	 

	
		 
	 

	
		Kocher told Shafaq News that Prime Minister Ali Al-Zaidi and the Finance Ministry had said public-sector salaries were secured, while state revenues, particularly from oil, had begun to recover. The bigger risk, however, was an &#x201C;economic shutdown&#x201D; caused by disrupted oil exports or international isolation.
	 

	
		 
	 

	
		Finance Ministry data show Iraq spent 30.769 trillion dinars ($23.5B) on public-sector salaries in the first half of 2026, while oil generated about 79% of federal revenue. Crude exports rose to about 2.34 million barrels per day (bpd) in August from roughly 1.35 million bpd in July, but remained below the more than 3.3 million bpd exported before the regional war disrupted Gulf shipping.
	 

	
		 
	 

	
		Read more: No exit but Hormuz: Iraq's economic vulnerability exposed
	 

	
		 
	 

	
		Iraq&#x2019;s economic stability, Kocher said, depended on access to the international financial system, SWIFT, and foreign investment, and failure to meet the weapons-control timetable could prompt a tougher international stance toward Baghdad.
	 

	
		 
	 

	
		The State Administration Coalition, the ruling alliance of Sunni, Shia, and Kurdish parties, has set September 30 as the deadline for ending armed activity outside state institutions, warning that violations afterward would fall under Iraq&#x2019;s Anti-Terrorism Law.
	 

	
		 
	 

	
		Khalid Walid, a member of former premier Mohammed Al-Sudani&#x2019;s Reconstruction and Development Coalition, told Shafaq News on Thursday that negotiations between the ruling Shiite Coordination Framework and armed factions were making progress toward placing weapons under state control.
	 

	
		 
	 

	
		Read more: Tension meets dialogue as Iraq approaches September 30
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/Iraq/Disarmament-dispute-could-threaten-Iraq-economy-MP-warns</description><pubDate>Fri, 04 Sep 2026 13:50:52 +0000</pubDate></item><item><title>Former Iraqi MP sentenced over illicit enrichment - 9/04/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343825-former-iraqi-mp-sentenced-over-illicit-enrichment-9042026/&do=findComment&comment=2543672]]></link><description>Another one bites the dust. Repay and a very hefty fine of an equal amount - plus remain in prison until everything is paid. Hopefully this will put the fear of God in the hearts of every Iraqi politician. We need to do that here..in the USA.</description><pubDate>Fri, 04 Sep 2026 13:44:12 +0000</pubDate></item><item><title>Former Iraqi MP sentenced over illicit enrichment - 9/04/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343825-former-iraqi-mp-sentenced-over-illicit-enrichment-9042026/&do=findComment&comment=2543671]]></link><description>Former Iraqi MP sentenced over illicit enrichment
	

	
		 
	 

	
		PoliticsiraqbreakingcorruptionsentenceTalal Al-Zobaie
	



	



	
		
			 
		

		
			2026-09-04 / 05:04
		
	



	
		Shafaq News- Baghdad
	 

	
		 
	 

	
		Iraq&#x2019;s Central Anti-Corruption Criminal Court sentenced former lawmaker Talal Al-Zobaie to seven years in prison and ordered the confiscation of extensive assets, according to court documents obtained by Shafaq News on Friday.
	 

	
		 
	 

	
		The court ordered Al-Zobaie to repay 5.549 billion Iraqi dinars and $128.961 million in illicit gains and unexplained wealth, as well as a fine equal to those amounts. The ruling stipulated that he would remain in custody after completing his sentence until the payments and fines were settled in full.
	 

	
		 
	 

	
		The confiscated assets included properties, cash in Iraqi dinars, US dollars and Jordanian dinars, 10 wristwatches, 17 prayer beads, gold jewelry and several luxury vehicles registered to or used by Al-Zobaie and his family. The court ordered the properties and other assets transferred to the Finance Ministry.
	 

	
		 
	 

	
		According to the documents dated August 30, the court also froze movable and immovable assets belonging to Al-Zobaie, his wife and children. He failed to demonstrate legitimate sources for his wealth and properties, including claims that some profits came from businesses or companies that had been inactive for years.
	 

	
		 
	 

	
		Al-Zobaie had not declared the assets in financial disclosure forms submitted to Iraq&#x2019;s Integrity Commission, the court added.
	 

	
		 
	 

	
		In July, security forces searched Al-Zobaie&#x2019;s farm in Abu Ghraib, west of Baghdad, and placed its assets under official custody. According to an official search record, they included hundreds of buffaloes and sheep, as well as horses, gazelles, ostriches and other animals. Authorities sealed the farm after the inspection in Al-Zobaie&#x2019;s presence.
	 

	
		 
	 

	
		On June 28, Iraqi authorities launched the nationwide Dawn Crackdown (Sawlat Al-Fajr) anti-corruption campaign under Prime Minister Ali Al-Zaidi, targeting current and former government officials, lawmakers, politicians, business figures and other suspects.
	 

	
		 
	 

	
		Read more: Iraq&#x2019;s Dawn Crackdown spreads through state institutions
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/Iraq/Former-Iraqi-MP-sentenced-over-illicit-enrichment</description><pubDate>Fri, 04 Sep 2026 13:40:19 +0000</pubDate></item><item><title>Iraqi MP faults Oil Ministry oversight in graft cases - 9/04/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343824-iraqi-mp-faults-oil-ministry-oversight-in-graft-cases-9042026/&do=findComment&comment=2543670]]></link><description>MAYBE THIS WILL CAUSE THOSE WITH OVERSIGHT RESPONSIBILITIES TO TAKE THEIR RESPONSIBILITIES SERIOUSLY, AND DO THEIR JOB.</description><pubDate>Fri, 04 Sep 2026 13:36:01 +0000</pubDate></item><item><title>No announced return and no casual meeting... Why did the former Sadr deputies meet at this time? - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343798-no-announced-return-and-no-casual-meeting-why-did-the-former-sadr-deputies-meet-at-this-time-9032026/&do=findComment&comment=2543669]]></link><description>A POSSIBILITY FOR MORE BALANCE IN THE CF..!</description><pubDate>Fri, 04 Sep 2026 13:33:28 +0000</pubDate></item><item><title>Iraqi MP faults Oil Ministry oversight in graft cases - 9/04/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343824-iraqi-mp-faults-oil-ministry-oversight-in-graft-cases-9042026/&do=findComment&comment=2543668]]></link><description>Iraqi MP faults Oil Ministry oversight in graft cases
	

	
		 
	 

	
		PoliticsiraqbreakingcorruptionAdnan al-JumailiDawn Crackdownrecovered funds
	



	



	
		
			 
		

		
			2026-09-04 / 01:23
		
	



	
		Shafaq News- Baghdad
	 

	
		 
	 

	
		Iraqi lawmaker Abu Turab Al-Tamimi on Friday held the Oil Ministry&#x2019;s financial oversight and legal departments responsible for alleged corruption involving Deputy Oil Minister for Refining Affairs Adnan Al-Jumaili and detained Oil Products Distribution Company chief Hussein Talib.
	 

	
		 
	 

	
		Al-Tamimi, a member of the Badr parliamentary bloc, told Shafaq News that former Prime Minister Mohammed Shia Al-Sudani had granted Al-Jumaili conditional powers requiring compliance with regulations overseen by the two departments. He said the allegations involving Talib were more extensive than those linked to the deputy minister.
	 

	
		 
	 

	
		Security forces arrested Talib in Baghdad in July over suspected graft, hours before he was due to take the constitutional oath as a replacement member of parliament.
	 

	
		 
	 

	
		The lawmaker also claimed that corruption within the Electricity Ministry exceeded that in the oil sector but had attracted considerably less attention.
	 

	
		 
	 

	
		Read more: Iraq&#x2019;s Dawn Crackdown spreads through state institutions
	 

	
		 
	 

	
		Asked whether recovered assets could help ease Iraq&#x2019;s financial crisis, Al-Tamimi said they could provide an important source of revenue but would not be sufficient on their own to address the country&#x2019;s fiscal challenges.
	 

	
		 
	 

	
		The investigation into Al-Jumaili has emerged as one of the largest under the government&#x2019;s Dawn Crackdown (Sawlat Al-Fajr). On Aug. 31, judicial authorities reported seizing "another" 7 billion dinars, $5.5 million, 35 properties, and six vehicles from his detained office director, on top of earlier recoveries exceeding $20 million, 60 kilograms of gold, real estate, and vehicles.
	 

	
		 
	 

	
		Information obtained during the deputy minister&#x2019;s questioning also implicated political figures and lawmakers and helped expose an alleged network involving public funds, government spokesperson Haider Al-Aboudi revealed in June.
	 

	
		 
	 

	
		Prime Minister Ali Falih Al-Zaidi launched the nationwide Dawn Crackdown on June 28. A Shafaq News review documented at least 210 detentions during its first six weeks, spanning officials, lawmakers, public employees, and business figures.
	 

	
		 
	 

	
		Read more: Can Iraq recover billions in stolen assets abroad?
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/Iraq/Iraqi-MP-faults-Oil-Ministry-oversight-in-graft-cases</description><pubDate>Fri, 04 Sep 2026 13:28:49 +0000</pubDate></item><item><title>US redirects 87 vessels under Iran blockade - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343823-us-redirects-87-vessels-under-iran-blockade-9032026/&do=findComment&comment=2543667]]></link><description>US redirects 87 vessels under Iran blockade



	 
 


	InternationalUSCENTCOMIran blockade



	



	
		
			 
		

		
			2026-09-03 / 13:58
		
	



	
		Shafaq News- Washington
	 

	
		 
	 

	
		US Central Command (CENTCOM) announced on Thursday that its forces had redirected 87 commercial vessels, disabled three vessels and boarded two under Washington's blockade against Iran in regional waters as of Sept. 3.
	 

	
		 
	 

	
		
			
				
					
						
							
								
									
										
											
												
													X   U.S. Central Command
												

												
													               @CENTCOM
												
											
										
									
								
							
						

						
							
								
									 
								
							
						
					
				
			
		

		
			
				
					A U.S. Sailor stands watch aboard USS John Paul Jones (DDG 53) as the guided-missile destroyer continues to support the U.S. blockade against Iran in regional waters. As of Sept. 3, CENTCOM forces have redirected 87 commercial vessels, disabled 3 and boarded 2 to ensure total compliance.
				

				
					 
				

				
					
				
			
		
	

	
		 
	 

	
		The announcement came a day after US President Donald Trump claimed that Washington controls the Strait of Hormuz, saying US forces intercept &#x201C;many ships every day&#x201D; carrying millions of barrels of oil through the strategic waterway.
	 

	
		 
	 

	
		The war, which began in late February, has disrupted shipping through the Strait of Hormuz, one of the world's most critical maritime chokepoints, which normally carries around a quarter of global seaborne oil trade as well as significant volumes of liquefied natural gas and fertilizers.
	 

	
		 
	 

	
		The disruption has pushed US gasoline prices above $4 a gallon and prompted Washington to draw heavily on its Strategic Petroleum Reserve. Earlier today, Iranian First Vice President Mohammad Reza Aref warned of &#x201C;dark months&#x201D; for the US economy and called on Americans to stockpile gasoline and fuel.
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/World/US-redirects-87-vessels-under-Iran-blockade</description><pubDate>Fri, 04 Sep 2026 13:20:40 +0000</pubDate></item><item><title>Putin: Ukraine peace possible, final deal rests with Moscow and Kyiv - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343822-putin-ukraine-peace-possible-final-deal-rests-with-moscow-and-kyiv-9032026/&do=findComment&comment=2543666]]></link><description>A glimmer of hope - a possibility - now we wait and pray both countries and their leadership find a resolution to end the conflict.</description><pubDate>Fri, 04 Sep 2026 13:15:42 +0000</pubDate></item><item><title>Putin: Ukraine peace possible, final deal rests with Moscow and Kyiv - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343822-putin-ukraine-peace-possible-final-deal-rests-with-moscow-and-kyiv-9032026/&do=findComment&comment=2543665]]></link><description>Putin: Ukraine peace possible, final deal rests with Moscow and Kyiv
	

	
		 
	 

	
		InternationalbreakingRussiaUkrainePutin
	



	



	
		
			 
		

		
			2026-09-03 / 02:33
		
	



	
		Shafaq News- Moscow
	 

	
		 
	 

	
		Russian President Vladimir Putin said on Thursday there was a &#x201C;chance to reach a peace agreement&#x201D; to end the war in Ukraine, but Moscow and Kyiv would ultimately have to resolve the conflict themselves.
	 

	
		 
	 

	
		Speaking at an economic forum in Russia&#x2019;s Far East, Putin said several countries, including the United States and China, were prepared to support efforts toward a settlement. He said US President Donald Trump was ready to work &#x201C;constructively and positively&#x201D; toward peace in Ukraine.
	 

	
		 
	 

	
		&#x201C;Ultimately, the two countries involved in the conflict &#x2014;Russia and Ukraine&#x2014; must resolve the problem,&#x201D; Putin said.
	 

	
		 
	 

	
		Putin also repeated his accusation that Kyiv was engaging in &#x201C;state terrorism&#x201D; and dismissed Ukrainian warnings about growing risks to civilian aircraft in Russian airspace.
	 

	
		 
	 

	
		Ukraine has formally notified the International Civil Aviation Organization of what it says are growing risks to civilian flights in Russian airspace and called on the agency to recommend restrictions to member states, citing increased military and drone activity. Moscow has rejected the warnings and its aviation system continues to operate normally.
	 

	
		 
	 

	
		Russia launched its full-scale invasion of Ukraine on Feb. 24, 2022, triggering Europe&#x2019;s largest armed conflict since World War II. By the end of July 2026, the United Nations had verified more than 16,800 civilian deaths and around 49,000 injuries in Ukraine, while warning that the actual toll was likely considerably higher.
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/World/Putin-Ukraine-peace-possible-final-deal-rests-with-Moscow-and-Kyiv</description><pubDate>Fri, 04 Sep 2026 13:13:28 +0000</pubDate></item><item><title>EU joins US-led economic campaign against Iran - 9/04/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343821-eu-joins-us-led-economic-campaign-against-iran-9042026/&do=findComment&comment=2543664]]></link><description>This is a major step in bringing Iran to their senses. The global community is uniting to curtail the activities of the Islamic regime in Iran, and advance the reasons the US went to war against Iran - No nuclear weapons, open the Straight, and cease arming their proxies worldwide.</description><pubDate>Fri, 04 Sep 2026 13:08:07 +0000</pubDate></item><item><title>EU joins US-led economic campaign against Iran - 9/04/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343821-eu-joins-us-led-economic-campaign-against-iran-9042026/&do=findComment&comment=2543663]]></link><description>EU joins US-led economic campaign against Iran
	

	
		 
	 

	
		InternationalUSiranEUOperation Economic Outcast
	



	



	
		
			 
		

		
			2026-09-04 / 05:08
		
	



	
		Shafaq News- Washington
	 

	
		 
	 

	
		The European Union has joined the US-led &#x201C;Operation Economic Outcast&#x201D; against Iran, US Treasury Secretary Scott Bessent announced on Friday.
	 

	
		 
	 

	
		Bessent welcomed the bloc&#x2019;s &#x201C;strong and early stance,&#x201D; saying the campaign seeks to prevent Tehran from using the global financial system to finance its nuclear and weapons programs and allied armed groups.
	 

	
		 
	 

	
		&#x201C;The world is sending a clear message to the Iranian regime: We will not stop until every remaining financial lifeline has been severed,&#x201D; he added.
	 

	
		 
	 

	
		
			
				
					
						
							
								
									
										
											
												
													X    Treasury Secretary Scott Bessent
												

												
													
														
															
																
																	                    @SecScottBessent
																
															
														
													
												
											
										
									
								
							
						

						
							
								
									 
								
							
						
					
				
			
		

		
			
				
					The European Union has officially joined Operation Economic Outcast and we appreciate their strong and early stance. The United States stands firm with our allies in ensuring the murderous Iranian regime cannot exploit the global financial system to fund its nuclear ambitions, weapons programs, and terror proxies. The world is sending a clear message to the Iranian regime: We will not stop until every remaining financial lifeline has been severed.
				
			
		
	

	
		 
	 

	
		The United States launched Operation Economic Outcast last month under President Donald Trump, targeting Iran and those Washington identifies as supporting Tehran, including networks accused of moving Iranian oil and circumventing US sanctions, in what Bessent described as an &#x201C;unprecedented campaign&#x201D; to isolate Iran from global economic and financial networks.
	 

	
		 
	 

	
		The EU expressed its support for the operation as part of efforts to curb Tehran&#x2019;s &#x201C;destabilizing activities,&#x201D; increase economic pressure and support a return to peace talks. Iranian Foreign Ministry spokesperson Esmaeil Baqaei condemned the move as an endorsement of US &#x201C;economic terrorism,&#x201D; accusing the bloc of yielding its sovereignty, laws and values to Washington.
	 

	
		 
	 

	
		 
	 

	
		https://www.shafaq.com/en/World/EU-joins-US-led-economic-campaign-against-Iran</description><pubDate>Fri, 04 Sep 2026 13:03:14 +0000</pubDate></item><item><title>Thursday Late Morning Opinions @ 11:33 AM MST - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343807-thursday-late-morning-opinions-1133-am-mst-9032026/&do=findComment&comment=2543662]]></link><description>I'm kinda getting more and more suspicious about Stephen now... He is having waaay too many YT vids close to each other. Whereas he always gives a disclaimer at the beginning of his videos, he 'sounds' more genuinely confident in this then others. BUT I am getting to get an MM feel about him.  The difference is that Stephen doesn't charge anything...except to buy his cash out guide. But that doesn't have anything to do with IF this will happen or not.</description><pubDate>Fri, 04 Sep 2026 12:50:24 +0000</pubDate></item><item><title>Thursday Late Morning Opinions @ 11:33 AM MST - 9/03/2026</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343807-thursday-late-morning-opinions-1133-am-mst-9032026/&do=findComment&comment=2543661]]></link><description>Why why why arguing??? Noone knows whether it is is RD or RV or RD+RV or RI until they pull the trigger.</description><pubDate>Fri, 04 Sep 2026 11:57:36 +0000</pubDate></item><item><title>Iraq Is Moving Closer To A Major Dinar Change.</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343787-iraq-is-moving-closer-to-a-major-dinar-change/&do=findComment&comment=2543660]]></link><description>Definitely right.</description><pubDate>Fri, 04 Sep 2026 11:51:37 +0000</pubDate></item><item><title>Iraq awaits its 2027 budget... assurances that it will focus on securing expenditures and addressing some economic issues.</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343820-iraq-awaits-its-2027-budget-assurances-that-it-will-focus-on-securing-expenditures-and-addressing-some-economic-issues/&do=findComment&comment=2543659]]></link><description><![CDATA[economy



	An economic expert confirms Iraq's need for a company specializing in debt purchasing.



	
		
			
				Today 09:45
			
			
				1 Share
			
		
	

	
		
	



	Information/Baghdad... 
	Economic expert Dr. Safwan Qusay emphasized Iraq's need for a specialized debt-buying company to address the country's financial crisis, noting the importance of establishing a mechanism for repaying both domestic and foreign debts. 
	Qusay told Al-Maalouma, “Iraq still lacks a specialized company that purchases debt at a discount, while most countries worldwide have such companies that buy debts, whether governmental or otherwise.” 
	He added, "Iraq needs a clear mechanism for repaying domestic and foreign debts, especially since borrowing is not difficult and can be undertaken by government ministries. However, the repayment process requires a defined mechanism." 
	He explained that "alleviating the financial crisis necessitates collecting taxes from companies operating within Iraq and recovering outstanding debts owed by them, in addition to utilizing the credit portfolios offered by the Central Bank." End 25N
 


	https://almaalomah-me.translate.goog/news/143147/economy/خبير-اقتصادي-يؤكد-حاجة-العراق-الى-شركة-متخصصة-بشراء-الديون?_x_tr_sl=ar&amp;_x_tr_tl=en&amp;_x_tr_hl=en&amp;_x_tr_pto=sc]]></description><pubDate>Fri, 04 Sep 2026 11:47:11 +0000</pubDate></item><item><title>Iraq awaits its 2027 budget... assurances that it will focus on securing expenditures and addressing some economic issues.</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343820-iraq-awaits-its-2027-budget-assurances-that-it-will-focus-on-securing-expenditures-and-addressing-some-economic-issues/&do=findComment&comment=2543658]]></link><description><![CDATA[policy



	Iraq awaits its 2027 budget... assurances that it will focus on securing expenditures and addressing some economic issues.



	
		
			
				Today 11:00
			
			
				1 Share
			
		
	

	
		
	



	The Iraqi people are awaiting the 2027 budget 
	to address the country's financial crisis and to determine the government's ability to secure operational expenses. These expenses are a major concern for government employees and other groups receiving government payments. Many other sectors, such as farmers, contractors, and companies operating in Iraq, are also waiting for this budget to learn the fate of their dues. Meanwhile, the government continues to borrow money to pay salaries and secure essential supplies. Parliamentary assurances indicate that the upcoming budget will focus on gaining expenditures and implementing some economic reforms in light of the current situation. 
	Economic expert Dr. Safwan Qusay told Al-Maalomah, “Iraq still lacks a specialized company that purchases debt at a discount, while most countries in the world have such companies that buy debt, whether governmental or otherwise.” 
	He added, "Iraq needs to establish a clear mechanism for repaying internal and external debts. While borrowing is not difficult and can be undertaken by government ministries, the repayment process requires a defined mechanism." 
	He explained that "alleviating the financial crisis requires collecting taxes from companies operating within Iraq and recovering their outstanding debts, in addition to utilizing the credit portfolios offered by the Central Bank."  
	For his part, economic expert Abdul Rahman al-Mashhadani told Al-Maalomah that "the government has set an estimated price for a barrel of oil next year between $60 and $70, a figure difficult to rely on given the war and low export rates, as well as the fact that oil is being sold at the port." 
	He added that "the initial estimates for the total budget amount to 150 trillion dinars, of which 135 trillion will go to the operational budget (salaries and daily expenses), and a meager 15 trillion for the investment budget, thus deepening the financial deficit to dangerous levels." 
	Al-Mashhadani explained that “these challenges and others will be the primary obstacle to finalizing the 2027 budget.” He pointed out that "the crisis coincides with a frightening decline in the reserves of the Central Bank of Iraq as a result of its sale of foreign currency to the private sector to finance imports, without any corresponding compensatory dollar inflows." He revealed that "what has recently reached the Central Bank has not exceeded one billion dollars."  
	In a related matter, Member of Parliament's Finance Committee, Muhammad al-Shammari, told Al-Maalomah that "there is ongoing communication between the Finance Committee and the Ministry of Finance regarding the date for submitting the 2027 budget, and it is expected to reach Parliament in mid-October." He emphasized that "salaries are secured and there are no concerns about their disbursement." 
	He added that "the upcoming budget will be distinctly economic and will focus on economic and financial aspects in line with the requirements of the current phase." He explained that "the Finance Committee is constantly monitoring the details of preparing the draft budget and the expected date for its submission to Parliament with the relevant government agencies." 
	Al-Shammari pointed out that “the early arrival of the draft budget to Parliament would give the Finance Committee ample time to study its articles and allocations, and to discuss the financial and economic sections contained therein, thus contributing to making the necessary amendments and approving it within the specified deadlines.” 
	He stressed "the importance of expediting the completion of the budget preparation procedures and sending it to the House of Representatives, given its significance in regulating government spending and determining the financial and economic priorities for the next phase." (End of report 25)
 


	https://almaalomah-me.translate.goog/news/143146/politics/العراق-ينتظر-موازنة-2027-تأكيدات-بتركيزها-على-تأمين-النفقات?_x_tr_sl=ar&amp;_x_tr_tl=en&amp;_x_tr_hl=en&amp;_x_tr_pto=sc]]></description><pubDate>Fri, 04 Sep 2026 11:45:19 +0000</pubDate></item><item><title><![CDATA[Thursday Late Evening News & Opinions @ 7:50 PM MST - 9/03/2026]]></title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343818-thursday-late-evening-news-opinions-750-pm-mst-9032026/&do=findComment&comment=2543657]]></link><description>Jeff hasn't been listening these past few years. Since I joined this site in 2011 , every budget has based on the price of a barrel of oil.</description><pubDate>Fri, 04 Sep 2026 08:35:17 +0000</pubDate></item><item><title>Yet Another Reason Why Iraqis Don't Trust The Banks.</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343819-yet-another-reason-why-iraqis-dont-trust-the-banks/&do=findComment&comment=2543656]]></link><description><![CDATA[Here's another article related to the above...liquidity becomes an issue in Iraq...
 


	 
 


	 
 


	 
 


	Small Banknote Shortage Causes Daily Disruption In Kirkuk Markets.
 


	ARTICLE:  Merchants &amp; residents in Kirkuk, northern Iraq, are increasingly struggling to obtain 250-Dinar ($0.19), 500-Dinar ($0.38) &amp; 1,000-Dinar ($0.76) banknotes, with traders reporting shortages of small denominations &amp; growing difficulties using worn or damaged notes in daily transactions.
 


	 
 


	Abbas Ahmed, a shopkeeper in Kirkuk’s Doctors Street market, told Shafaq  News that obtaining the three denominations has become increasingly difficult.  “When customers pay with larger notes, some shops ask them to buy another item rather than give them their change.”
 


	 
 


	Some small-denomination notes reaching shops are also torn, dirty or heavily worn, making merchants &amp; customers reluctant to accept them.
 


	 
 


	Samer Abdullah, a  currency exchanger on Republic Street, noted a sharp increase in demand for small denominations, while supplies remain inconsistent.
 


	 
 


	Residents &amp; merchants often turn to exchange shops for smaller notes, but the quantities available fluctuate. Some notes brought in for exchange are already damaged &amp; need to be replaced rather than returned to circulation.
 


	 
 


	Small-denomination notes change hands more frequently than larger ones, making them more vulnerable to wear and tear, Abdullah explained.
 


	 
 


	Describing the shortage as a daily problem, Hamza al-Jubouri, a wholesaler in Kirkuk’s Citadel Market, told Shafaq News that small amounts of change are often needed in wholesale &amp; retail transactions, leaving merchants with limited options when the required denominations are unavailable.
 


	 
 


	Some traders hold on to 250-Dinar, 500-Dinar &amp; 1,000-Dinar notes rather than spend them, fearing they will be unable to replace them later.  This further reduces the number of these notes circulating in the market.
 


	 
 


	Shafaq News’ review of currency issuance data shows that the number of 1,000-Dinar notes rose from 718 million in 2022 to 775 million in 2026.  The number of 250-Dinar notes increased from 795 million to 818 million, while 500-Dinar notes fell slightly from 147 million to 145.4 million.
 


	 
 


	Together, the three denominations accounted for about 1.738 billion notes in 2026, compared with roughly 1.660 billion in 2022, an increase of about 78.4 million notes.
 


	 
 


	The figures do not indicate how many of those notes are physically available in shops or remain in good enough condition for daily use.  They reflect issuance data rather than the number of notes actually circulating or the proportion that has become damaged.
 


	 
 


	The Central Bank of Iraq (CBI) continues to list 250-Dinar, 500-Dinar &amp; 1,000-Dinar notes among the country’s officially circulating denominations.  It has also stated that older notes remain legal tender alongside newer issues.
 


	 
 


	In an interview with Shafaq News, Economist Ali Khalil said the availability of small denominations should be measured not only by the number of notes issued but also by the number that remain fit for circulation.
 


	 
 


	Frequent handling makes small-denomination notes particularly vulnerable to damage, meaning some of the issued supply may have been removed from circulation or require replacement.
 


	 
 


	Khalil pointed out that the existence of more than one billion notes across the three denominations does not necessarily indicate a surplus in the market. “Damaged notes may no longer be usable even if they remain part of the official issuance figures.”
 


	 
 


	He called for stronger mechanisms to replace damaged notes, ensure a steady supply of new notes &amp; monitor the movement of cash through banks, exchange shops &amp; merchants.
 


	 
 


	The CBI has procedures for handling damaged banknotes, including criteria for their replacement depending on the type and extent of damage.  An electronic service is also available through the Ur platform to submit requests for the replacement of damaged banknotes.
 


	 
 


	In 2020, the CBI reinstated penalties related to shortages of 1,000-Dinar, 500-Dinar &amp; 250-Dinar notes, effective Oct. 1 of that year, under rules governing the circulation &amp; replacement of banknotes &amp; their counting &amp; sorting.
 


	 
 


	Office worker Suhad Ibrahim told Shafaq News that consumers are among those most affected because they have little control over the availability of small denominations when making everyday purchases.
 


	 
 


	Customers who pay more than the price of an item sometimes do not receive their full change or are asked to buy another item to avoid losing the remaining amount.
 


	 
 


	The shortage is particularly noticeable in shops, markets &amp; public transportation, where small cash payments are common.
 


	 
 


	Despite their low face value, 250-Dinar, 500-Dinar &amp; 1,000-Dinar notes remain an important part of Iraq’s cash-based economy. 
 


	 
 


	While official figures show an increase in the number of 250-Dinar &amp; 1,000-Dinar notes since 2022 &amp; a slight decline in 500-Dinar notes, merchants in Kirkuk continue to report difficulty obtaining small denominations in usable condition.]]></description><pubDate>Fri, 04 Sep 2026 05:09:18 +0000</pubDate></item><item><title>Yet Another Reason Why Iraqis Don't Trust The Banks.</title><link><![CDATA[https://dinarvets.com/forums/index.php?/topic/343819-yet-another-reason-why-iraqis-dont-trust-the-banks/&do=findComment&comment=2543655]]></link><description><![CDATA[Here's an article of Dinarian interests...
 


	-Private Iraqi Bank Going Under.  Depositors Worried.
 


	-Yet another reason why Iraqis don't trust the banks.
 


	Treat as a rumor.  Not verifed.  Your opine
 


	 
 


	 
 


	 
 


	 
 


	A Silent Crisis is Hitting Private Banks &amp; A Source Warns: "Al-Taif" May Not Be The Last.
 


	ARTICLE:  Iraqi private banks are entering a very sensitive phase, amid warnings of widening liquidity problems &amp; the inability of some banking institutions to meet their obligations to their depositors, at a time when the sector is undergoing a broad restructuring &amp; evaluation process led by the CBI.
 


	 
 


	An informed banking source revealed to Al-Mustaqila that the situation within a part of the private banking sector is going through one of its most difficult phases in recent years, warning that the problems that have appeared in Al-Taif Islamic Bank may not be an isolated case, according to his assessment.
 


	 
 


	The source said that there are other private banks facing varying degrees of financial &amp; liquidity pressures, noting that there are complaints from depositors about delays in receiving their money or difficulty in withdrawing amounts from their accounts at some banks.
 


	 
 


	He added that “there are cases whose details have not been officially announced to the public yet,” calling on the CBI to intensify its scrutiny of the financial solvency &amp; actual liquidity of private banks &amp; to ensure their ability to return depositors’ money on demand.
 


	 
 


	Is "The Spectrum" The Beginning Of A Bigger Project?
 


	These warnings come after the CBI’s decision on September 2, 2026, to place Al-Taif Islamic Bank for Investment &amp; Finance under receivership for 18 months, after confirming the existence of “serious violations” that affected the bank’s financial position &amp; depositors’ funds.
 


	 
 


	This decision gives an indication that regulatory authorities are becoming more stringent in dealing with banks whose financial situations may pose a risk to depositors' funds or to the integrity of banking operations.
 


	 
 


	But the source from “Al-Mustaqilla” goes further, as he believes that the need today is not to address the situation of just one bank, but rather to conduct a comprehensive review of the conditions of private banks that show signs of weakness in liquidity or failure to meet their obligations towards customers.
 


	 
 


	Depositors Are Waiting For Their Money:
 


	According to information obtained by “Al-Mustaqila”, one of the most prominent indicators that warrants regulatory investigation is the existence of complaints related to the difficulty of some depositors obtaining their full funds immediately in a number of banks.
 


	 
 


	The source emphasizes that any repeated delays or unjustified restrictions on withdrawals should prompt regulators to check the bank’s financial position &amp; match the amount of liquidity available with its obligations to the public.
 


	 
 


	Al-Mustaqilla cannot currently confirm the number of banks facing such problems independently &amp; the CBI has not yet issued an official statement indicating that “dozens of banks” are suffering from conditions similar to Al-Taif Bank.
 


	 
 


	Therefore, this information remains within the framework of what the banking source revealed to “Al-Mustaqila” &amp; requires regulatory scrutiny &amp; official disclosures that determine the true extent of the problem.
 


	 
 


	Banking Reform Could Change The Landscape Of The Sector:
 


	The current concerns come in conjunction with the largest private banking sector reform program in Iraq in recent years.
 


	 
 


	The CBI had announced that Iraqi banks were required to choose one of three paths within the reform program: 
 


	to continue as an independent banking institution, to merge with other banks, or to exit the market, with the banks subject to assessments related to minimum requirements, governance, compliance &amp; financial performance.
 


	 
 


	This means that the current Iraqi banking landscape may not remain the same in the coming period, especially with the continuation of auditing processes &amp; the identification of banks capable of meeting the new requirements.
 


	 
 


	The CBI previously confirmed that the reform process aims to raise the levels of compliance, governance &amp; transparency, improve institutional performance &amp; enhance the resilience of the banking sector.
 


	 
 


	The Decline In Deposits Increases The Sensitivity Of The Current Phase:
 


	The issue becomes more sensitive with the decline in total bank deposits during the first months of the year.
 


	 
 


	According to official data published in August, total deposits in Iraqi banks amounted to about 104.296 trillion Dinars by the end of May 2026, down from 104.727 trillion in April and 105.090 trillion in March, meaning that deposits recorded a decline for three consecutive months.
 


	 
 


	This decline in itself does not mean there is a full-blown banking crisis, but it makes the issue of confidence, liquidity &amp; the ability of banks to meet withdrawal requests more important for regulators.
 


	 
 


	Source To Al-Mustaqilla: Protecting Depositors Must Be The Priority:
 


	The source calls on the CBI to take clearer steps towards banks that prove unable to meet their obligations, stressing that protecting citizens’ money must take precedence over any other consideration.
 


	 
 


	He added that addressing problems in their early stages can prevent the crisis from spreading from a single bank to a wider loss of confidence in the private banking sector.
 


	 
 


	The source stresses that the anticipated measures, in his opinion, should include a review of the actual liquidity size, the ratio of deposits to liquid assets, non-performing loans, transfers &amp; transactions with parties related to the bank, in addition to each bank’s ability to meet customer withdrawals without delay.
 


	 
 


	The Most Serious Question Is: How Many Banks Might Face The Same Fate:
 


	So far, there is no official list of other banks that will be placed under guardianship or liquidation &amp; it cannot be said with certainty that the situation of Al-Taif Bank applies to other banking institutions.
 


	 
 


	But the guardianship decision, in parallel with the reform program that presents banks with options to continue, merge or exit, makes the next stage open to decisions that may completely redraw the map of the Iraqi banking sector.
 


	 
 


	The Questions That Remain Are:
 


	-Are there really other banks that are unable to meet the demands of their depositors?
 


	-What is the amount of money that might be at risk?
 


	-Will the CBI announce the results of its evaluation of banks transparently to the public?
 


	-Will the guardianship of Al-Taif Bank be an isolated case, or the beginning of a series of broader banking measures?]]></description><pubDate>Fri, 04 Sep 2026 04:52:01 +0000</pubDate></item></channel></rss>
